Curetis and AKO MED Ink Distribution Agreement Covering Four Countries in CEE Region
July 30 2019 - 2:01AM
- AKO MED to exclusively distribute Unyvero A50
portfolio in Serbia, North Macedonia, Bosnia Hercegovina, and
Montenegro
- Preparing inclusion of Unyvero in several regional
tender offers
Amsterdam, the Netherlands, San Diego,
CA, USA, and Holzgerlingen, Germany, July 30, 2019, 08:00 am
CEST - Curetis N.V. (the "Company" and,
together with Curetis USA Inc. and Curetis GmbH,
"Curetis"), a developer of next-level molecular
diagnostic solutions, today announced that it has entered into two
distribution agreements with the Bosnian and Serbian branches of
AKO MED, a manufacturer and distributor of medical products, AKO
MED d.o.o., Banja Luka, Bosnia Hercegovina, and AKO MED d.o.o.,
Beograd, Serbia, respectively.
Under the terms of the agreements, AKO MED has
the exclusive right to commercialize Curetis’ Unyvero A50
instrument system and application cartridges for the diagnosis of
severe infections in hospitalized patients in Serbia, North
Macedonia, Bosnia Hercegovina and Montenegro. The agreements have a
term of initially three years and can be extend by two-year
increments. In return, AKO MED has committed to significant minimum
purchases of Unyvero instruments and application cartridges over
the initial three-year term of the agreement. The process for the
registration of the products in the respective countries has been
initiated and is expected to be completed in the next couple of
months.
“Working with Curetis is a great opportunity for
us as we believe that patients will greatly benefit from the rapid
diagnosis of life-threatening infections with the Unyvero
platform,” said Jovan Radakovic, Director of AKO MED Serbia. “We
believe that our markets are very open to innovations in molecular
microbiology and we are already actively working on including
Unyvero in several tender offers.”
“We are very pleased to work with AKO MED as a
highly committed partner to make Unyvero more broadly available in
the CEE region,” commented Oliver Schacht, PhD, CEO of Curetis. “We
are also working with our strategic pan-European partner Menarini
Diagnostics to broaden the scope of our commercial partnership in
other parts of Europe and expect to give an update on such
expansion shortly.”
###
About Curetis
Curetis N.V.’s (Euronext: CURE) goal is to
become a leading provider of innovative solutions for molecular
microbiology diagnostics designed to address the global challenge
of detecting severe infectious diseases and identifying antibiotic
resistances in hospitalized patients.
Curetis’ Unyvero System is a versatile, fast and
highly automated molecular diagnostic platform for easy-to-use,
cartridge-based solutions for the comprehensive and rapid detection
of pathogens and antimicrobial resistance markers in a range of
severe infectious disease indications. Results are available within
hours, a process that can take days or even weeks if performed with
standard diagnostic procedures, thereby facilitating improved
patient outcomes, stringent antibiotic stewardship and
health-economic benefits. Unyvero in vitro diagnostic (IVD)
products are marketed in Europe, the Middle East, Asia and the
U.S.
Curetis’ wholly owned subsidiary Ares Genetics
GmbH is developing next-generation solutions for infectious disease
diagnostics and therapeutics. The ARES Technology Platform combines
the presumably most comprehensive database worldwide on the
genetics of antimicrobial resistances, ARESdb, with advanced
bioinformatics and artificial intelligence.
For further information, please visit
www.curetis.com and www.ares-genetics.com.
Legal Disclaimer
This document constitutes neither an offer to
buy nor to subscribe securities and neither this document nor any
part of it should form the basis of any investment decision in
Curetis.
The information contained in this press release
has been carefully prepared. However, Curetis bears and assumes no
liability of whatever kind for the correctness and completeness of
the information provided herein. Curetis does not assume an
obligation of whatever kind to update or correct information
contained in this press release whether as a result of new
information, future events or for other reasons.
This press release includes statements that are,
or may be deemed to be, “forward-looking statements”. These
forward-looking statements can be identified by the use of
forward-looking terminology, including the terms “believes”,
“estimates”, “anticipates”, “expects”, “intends”, “may”, “will”, or
“should”, and include statements Curetis makes concerning the
intended results of its strategy. By their nature, forward-looking
statements involve risks and uncertainties and readers are
cautioned that any such forward-looking statements are not
guarantees of future performance. Curetis’ actual results may
differ materially from those predicted by the forward-looking
statements. Curetis undertakes no obligation to publicly update or
revise forward-looking statements, except as may be required by
law.
Contact Details
Curetis GmbHMax-Eyth-Str.
4271088 Holzgerlingen, GermanyTel. +49 7031 49195-10pr@curetis.com
or ir@curetis.comwww.curetis.com
Curetis International Media &
Investor InquiriesakampionDr. Ludger Wess / Ines-Regina
Buth Managing Partnersinfo@akampion.comTel. +49 40 88 16 59 64Tel.
+49 30 23 63 27 68
- 20190730_Curetis_PR_Distribution_final_approved
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